RY - Royal Bank of Canada

NYSE - NYSE Delayed Price. Currency in USD
70.47
-0.09 (-0.13%)
At close: 4:02PM EST
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Previous Close70.56
Open69.99
Bid68.00 x 800
Ask78.77 x 1400
Day's Range69.83 - 70.58
52 Week Range69.75 - 87.10
Volume654,940
Avg. Volume744,974
Market Cap101.578B
Beta (3Y Monthly)1.17
PE Ratio (TTM)11.21
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.96 (4.16%)
Ex-Dividend Date2019-01-23
1y Target EstN/A
Trade prices are not sourced from all markets
  • RBC's Croft:  What does an OPEC cut really look like?
    CNBC Videos3 days ago

    RBC's Croft: What does an OPEC cut really look like?

    Helima Croft of RBC Capital Markets discusses why the markets are reacting with some caution to the OPEC-led supply cut agreed to last week.

  • Moody's2 days ago

    California Statewide Communities Dev. Auth. -- Moody's Affirms Aa2/ VMIG 1 of California Statewide Communities Development Authority, Gas Supply Rev. Bonds, Series 2010A & 2010B

    Moody's Investors Service (Moody's) affirms the Aa2 / VMIG 1 rating on California Statewide Communities Development Authority, Gas Supply Variable Rate Revenue Bonds, Series 2010A and Series 2010B and the Aa2 rating on Series 2010A (Bank Bond) and Series 2010B (Bank Bond) (collectively, the Bonds). The rating affirmation is based on the replacement of the existing commodity swap provided by Credit Suisse Energy LLC (Credit Suisse) with a substitute commodity swap provided by BP Energy Company (BP). The BP commodity swap will be effective December 31, 2018.

  • Moody's2 days ago

    Main Street Natural Gas, Inc. -- Moody's assigns A3 to Main Street Natural Gas, Inc. Gas Supply Revenue Bonds Series 2018F

    Rating Action: Moody's assigns A3 to Main Street Natural Gas, Inc. Gas Supply Revenue Bonds Series 2018 F. Global Credit Research- 12 Dec 2018. New York, December 12, 2018-- Moody's Investors Service has ...

  • Moody's4 days ago

    Public Authority for Colorado Energy -- Moody's places A3 rating of six gas prepayment bonds under review for upgrade.

    Moody's Investors Service has placed the A3 long-term ratings of the below listed bonds (the Bonds) under review for upgrade. The review is due to the review for upgrade of Bank of America Corporation's senior unsecured rating of A3 which occurred on December 5, 2018.

  • Moody's8 days ago

    Honolulu (City & County of) HI -- Moody's affirms P-1 of Honolulu, HI GO Commercial Paper Notes Issue A

    Moody's Investors Service has affirmed the P-1 rating of City and County of Honolulu, Hawaii General Obligation Commercial Paper Notes, Issue A (the Notes). The affirmation is in connection with the issuance of a substitute Revolving Credit Agreement (Agreement or Liquidity Facility) provided by Bank of America, N.A. (the Bank) to replace the Liquidity Facility issued by Royal Bank of Canada currently supporting the Notes. Upon the effective date of the new Liquidity Facility, currently scheduled for December 10, 2018, the Issue A Notes will be divided into Subissue A-1 and Subissue A-2 and the P-1 rating will be applied to both subissues of Notes.

  • Moody's10 days ago

    Salt Verde Financial Corporation, AZ -- Moody's downgrades to Ba3 Salt Verde Financial Corporation, AZ Subordinate Gas Revenue Bonds, Series 2007.

    Moody's Investors Service has downgraded to Ba3 from Ba1 the long-term rating of Salt Verde Financial Corporation, AZ Subordinate Gas Revenue Bonds, Series 2007 (the Bonds). The downgrade is due to the downgrade to Ba3 of MBIA Inc. senior unsecured rating on January 17, 2018.

  • Financial Times10 days ago

    [$$] Brexit uncertainty makes pound ‘impossible’ to trade

    Nervous investors are shying away from making big bets on the pound because of uncertainty around Brexit, sending the cost of insuring against future price swings in the currency soaring to its highest levels since the UK voted to leave the EU. Investors reduced their bets on a falling pound last week, according to BNP Paribas’ estimate of market positioning. The pound is “purely impossible to trade at this point” because of the multiple permutations of Brexit, said Stephen Gallo, head of forex strategy at Bank of Montreal.

  • Financial Times10 days ago

    [$$] Stocks to watch: Facebook, Genus, Avista, Keir, BAE, Capgemini

    retreated after the Lloyd’s insurer warned in an unscheduled trading update that its early estimate of the claims from the California wildfires was $40m net of reinsurance. Peel Hunt called Beazley’s exposure to the California fires “surprisingly material” during “what is essentially a normal catastrophe year”. Following on from Japanese losses in the previous quarter, Beazley’s total catastrophe costs for the half were $145m or 11 per cent of tangible net asset value, it said.

  • Financial Times11 days ago

    [$$] Toniic, partner of GIIN, wants to bring impact investing to China’s wealthy

    Sporting a goatee beard and baseball cap, Adam Bendell stands on a corner of hip Potrero Hill and motions down San Francisco’s 20th Street on a day California’s deadly forest fires are keeping most people indoors or wearing face masks. Normally you can easily see across San Francisco Bay,” says the 57-year-old local resident, adding that the new Salesforce HQ, which normally dominates surrounding buildings, is “invisible from here today”. The deserted street seems a weirdly apposite vantage point to be discussing his Toniic Institute’s desire to bring impact investing to China, where air pollution makes face masks a daily sight in some cities.

  • Moody's11 days ago

    Salt Verde Financial Corporation, AZ -- Moody's downgrades to Ba3 Salt Verde Financial Corporation, AZ Subordinate Gas Revenue Bonds, Series 2007.

    Moody's Investors Service has downgraded to Ba3 from Ba1 the long-term rating of Salt Verde Financial Corporation, AZ Subordinate Gas Revenue Bonds, Series 2007 (the Bonds). The downgrade is due to the downgrade to Ba3 of MBIA Inc. senior unsecured rating on January 17, 2018.

  • Financial Times12 days ago

    [$$] Opec: why Trump has Saudi Arabia over a barrel

    Reneé Earls has lived her whole life in west Texas, and watched oil booms come and go, but she has never seen anything like the buzz of activity in the industry today. formation stretching from west Texas into New Mexico that is the red-hot centre of the latest US oil boom.

  • Financial Times12 days ago

    [$$] Commodities and miners rally amid optimism following Xi-Trump truce

    The price of copper surged 2 per cent, while steel prices jumped 7 per cent in China. The relief rally follows a dismal year for most commodities, on fears that China’s economic growth will be hit by the trade fallout with the US. China is the largest consumer of almost all commodities, accounting for half the world’s production of steel and 70 per cent of global iron ore imports.

  • Financial Times13 days ago

    [$$] Is the global economy “late cycle”?

    With roughly six months to go until the US expansion becomes the longest on record, there has been growing concern that the global economy more broadly is running on late-cycle fumes. Lofty valuations, soaring profit margins, a flattening yield curve and a Federal Reserve tightening in the face of (admittedly muted) inflationary pressures — especially as the sugar high of fiscal stimulus appears to be wearing off — make an easy narrative. In order to determine whether or not the best is behind us, Pierre Lafourcade and Arend Kapteyn at UBS studied 120 different recessions across 40 countries over the past four decades to determine what happens before a business cycle peaks.

  • Moody's15 days ago

    Salt Verde Financial Corporation, AZ -- Moody's places Baa1 of Salt Verde Financial Corporation, AZ Senior Gas Revenue Bonds, Series 2007 under review for upgrade.

    Moody's Investors Service has placed the Baa1 long-term ratings of Salt Verde Financial Corporation, AZ Senior Gas Revenue Bonds, Series 2007 (the Bonds) under review for upgrade. The review is due to the review of Citigroup Inc.'s (Citigroup) senior unsecured rating of Baa1 on November 29, 2018.

  • Reuters17 days ago

    PRESS DIGEST - Canada - Nov 29

    The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Alberta is planning to buy rail ...

  • Royal Bank of Canada (RY) Q4 2018 Earnings Conference Call Transcript
    Motley Fool17 days ago

    Royal Bank of Canada (RY) Q4 2018 Earnings Conference Call Transcript

    RY earnings call for the period ending October 31, 2018.

  • The Wall Street Journal17 days ago

    [$$] Royal Bank of Canada Earnings Jump on Higher Rates, Fees

    reported record earnings for its latest fiscal year as higher interest rates and fees, along with increased mortgage and commercial lending, boosted profits. “While increased protectionism and geopolitical risk created market uncertainty throughout the year, our results did benefit from rising interest rates, GDP growth, a benign credit environment and U.S. tax reform,” he said during an earnings call Wednesday morning. The bank reported net income of 12.4 billion Canadian dollars ($9.34 billion) for its fiscal year ended Oct. 31, topping C$12 billion for the first time.

  • Reuters17 days ago

    Royal Bank of Canada eyes further margin gains in 2019

    Royal Bank of Canada said it anticipated margins will continue to improve next year after reporting a forecast-beating 17 percent jump in fourth-quarter earnings on Wednesday. RBC has benefited from the Bank of Canada raising interest rates five times since last summer, helping it improve its net interest margin (NIM), the difference between the interest it gets from borrowers and what it pays to savers. Shares in RBC, Canada's biggest lender by market value, were up 1.6 percent in mid-morning trading.

  • Reuters17 days ago

    Royal Bank of Canada eyes further margin gains in 2019

    Royal Bank of Canada said it anticipated margins will continue to improve next year after reporting a forecast-beating 17 percent jump in fourth-quarter earnings on Wednesday. RBC has benefited from the Bank of Canada raising interest rates five times since last summer, helping it improve its net interest margin (NIM), the difference between the interest it gets from borrowers and what it pays to savers. Shares in RBC, Canada's biggest lender by market value, were up 1.6 percent in mid-morning trading.

  • Reuters17 days ago

    CANADA STOCKS-TSX up on strong earnings of Royal Bank, consumer staples

    Canada's main stock index rose on Wednesday, driven by strong results from Royal Bank of Canada , which helped lift shares of financial sector. * Also, Alimentation Couche-Tard rose 2.4 percent, helping ...

  • RBC’s Rising Margins Push Canadian Banking Profit to Record
    Bloomberg17 days ago

    RBC’s Rising Margins Push Canadian Banking Profit to Record

    Canadian banks have been benefiting from rising interest rates, which increase NIM -- the difference between what a bank charges for loans and pays for deposits -- as well as net interest income. In Royal Bank’s case, margins in Canadian banking jumped to 2.77 percent, the Toronto-based lender said Wednesday in a statement. “You have central banks raising interest rates but deposit rates aren’t going up -- so you have really a sweet spot,” said Bryden Teich, a partner and portfolio manager with Avenue Investment Management in Toronto, which manages about C$350 million ($263 million).

  • Royal Bank (RY) Tops Q4 Earnings Estimates
    Zacks17 days ago

    Royal Bank (RY) Tops Q4 Earnings Estimates

    Royal Bank (RY) delivered earnings and revenue surprises of 6.21% and -3.48%, respectively, for the quarter ended October 2018. Do the numbers hold clues to what lies ahead for the stock?